Nomura Holdings’s Zhihu ZH Stock Holding History

Nomura Holdings’s Portfolio ZH Stock Details ZH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$86.9K	Sell	27,764 -6,800	-20%	-$21.9K	﹤0.01%	1745
2026 Q1	$98.2K	Hold	34,564	–	–	﹤0.01%	1628
2025 Q4	$113K	Sell	34,564 -77,900	-69%	-$312K	﹤0.01%	1827
2025 Q3	$570K	Hold	112,464	–	–	﹤0.01%	1572
2025 Q2	$448K	Hold	112,464	–	–	﹤0.01%	1162
2025 Q1	$480K	Sell	112,464 -34,300	-23%	-$149K	﹤0.01%	1493
2024 Q4	$520K	Buy	146,764 +71,764	+96%	+$266K	﹤0.01%	1787
2024 Q3	$289K	Buy	+75,000	New	+$242K	﹤0.01%	1349
2024 Q2	–	Sell	-75,000	Closed	-$308K	–	2073
2024 Q1	$308K	Hold	75,000	–	–	﹤0.01%	1355
2023 Q4	$421K	Buy	75,000 +11,200	+18%	+$66.6K	﹤0.01%	1395
2023 Q3	$398K	Hold	63,800	–	–	﹤0.01%	1164
2023 Q2	$433K	Hold	63,800	–	–	﹤0.01%	1075
2023 Q1	$486K	Buy	63,800 +46,967	+279%	+$435K	﹤0.01%	1140
2022 Q4	$131K	Buy	+16,833	New	+$118K	﹤0.01%	1149

Other funds holding ZH

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $84.2B AUM 55.88% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

FBIL

First Beijing Investment Ltd Hong Kong $2.44B AUM 18.47% 1-Year Est. Return

EFM

E Fund Management Guangzhou, China $4.46B AUM

EFMH

E Fund Management (HK) Central, Hong Kong $302M AUM 64.42% 1-Year Est. Return

Dodge & Cox San Francisco, California $191B AUM 17.5% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Maven Securities St Helier, Jersey $5.06B AUM 59.27% 1-Year Est. Return

Nomura Holdings's ZH Position: Q2 2026 in Review

Nomura Holdings reduced its Zhihu (ZH) stake by 20% in Q2 2026, selling an estimated $21.9K and leaving 27,764 shares worth $86.9K. The position accounts for ﹤0.01% of the portfolio, ranked #1745.

Nomura Holdings first reported a position in ZH in Q4 2022 and has held it in 14 quarters since. The position peaked at $570K in Q3 2025. 45 funds tracked by Wall St. Rank hold ZH as of Q2 2026.

Nomura Holdings held 27,764 shares of Zhihu worth $86.9K as of Q2 2026.
Nomura Holdings sold 6,800 Zhihu shares in Q2 2026, an estimated $21.9K.
Zhihu made up ﹤0.01% of Nomura Holdings's portfolio in Q2 2026, its #1745 holding.
Nomura Holdings first reported a position in Zhihu in Q4 2022 and has held it in 14 quarters since.
Nomura Holdings's Zhihu position peaked at $570K in Q3 2025.
45 funds tracked by Wall St. Rank held Zhihu as of Q2 2026.

Based on Nomura Holdings's 13F filing for Q2 2026, filed 14 Aug 2026.